Rich 0 Report post Posted August 22, 2020 Ms. Teacher in Ohio contributes to a 403b in her school district at company XYZ, an approved provider in her school district. She moves to Colorado and continues to teach. However, Colorado doesn't offer a 403b, only a 457 at company ABC Company. Company XYZ is not an approved provider in her new district. Question: Can Ms. Teacher transfer her 403b in Ohio from company XYZ to a 457 in Colorado to company ABC? Rich Quote Share this post Link to post Share on other sites
krow36 0 Report post Posted August 25, 2020 Rich, welcome to the forum. Yes, the IRS allows a 403b from a prior employer to be rolled into a 457b plan if the 457b plan allows it and the 403b balance is put in a separate account. The 403b balance can be invested in the 457b funds, but it remains a 403b. Colorado has a state low-cost 457b plan and hopefully that is where she wants to move her 403b balance. I'm confident that the CO 457b allows transfer of of 403b balances from prior employers. Quote Share this post Link to post Share on other sites
